Philippines Updates VAT on Digital Services
Type: Draft Legislation The Philippines Senate is reviewing Bill No. 2528, proposing a 12% VAT on foreign providers of digital services to consumers, aiming to level the playing field for […]
Philippines E-invoicing System (EIS) Full Rollout by January 2024
Type: Legislation The Philippines Bureau of Internal Revenue (BIR) implemented mandatory VAT e-invoicing for around 100 major taxpayers on July 1, 2022, under the Tax Reform for Acceleration and Inclusion […]
Partial E-invoicing System EIS launch on July 1, 2022 for 100 businesses.
Type: Legislation Based on the Tax Reform for Acceleration and Inclusion Act (TRAIN), the Philippines Bureau of Internal Revenue (BIR) has made e-invoicing mandatory for about 100 large taxpayers starting […]
Philippines: E-invoicing System EIS partial launch 1 July 2022; Full rollout 2023
Type: Legislation The Philippines Bureau of Internal Revenue (BIR) began a small pilot e-invoicing program in early April, with the participation of the country’s largest businesses. The goal is to […]
